HIGHLIGHTS
- Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
- 5% Rental Increases Every Five Years with Multiple Renewal Options
- Mavis Offers a Menu of Additional Services Including Brakes, Alignments, Oil Changes, Suspension, Shocks, Struts, Battery Replacement, & Exhaust Work
- Mavis is One of the Largest Independent Automotive Service Businesses in the United States with Over 2,000 Service Centers in 38 States
- Adjacent to Walmart Supercenter and in Close Proximity to National Retailers: Lowe's Home Improvement, Tractor Supply Co, McDonald's, Burger King, etc
- Immediate Access to the Interstate 40, Offering a Direct Route to Winston-Salem
OVERVIEW
As the largest multi-brand tire dealer in the United States, Mavis operates over 2,000 service centers in 38 states under three operating formats: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus.
Mocksville is a town in, and the county seat of, Davie County, North Carolina. It is located along I-40, which leads west to Statesville and Hickory and east to Winston-
Salem and Greensboro. Mocksville is a vibrant community that offers a mix of small-town charm with a strategic location along major transportation corridors.
FOR SALE DETAILS
PRICE
$3,035,714 USD
PRICE/SF
$437 USD /SF
CAP RATE
5.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Mavis Tires & Brakes Sale-Leaseback
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
19
LAND DETAILS
LAND ACRES
0.97 AC
LAND SF
42,253 SF
ZONING
C
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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216-292-7006
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Please correct the highlighted field(s).
216-292-7006
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
